Disintermediation pushes corporate stars to ratings

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Disintermediation pushes corporate stars to ratings

Two of the last great unrated corporate names, Heineken and Luxottica, made the jump to the rated world this year, as companies start to rely ever more on the bond market. Oliver West looks at the benefits of a rating, and asks how issuers can get by without.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article